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# System prepended metadata

title: Direction

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# What you can do



Stuff I want to see done in the Meta-DAO. Part todo list, part roadmap, part bounty board.

If there's something you want to take up, let me know and I'll mark it here to avoid duplicate work.

## Business

### Vota

We're building Vota, the first vote market on Solana, sanctioned by the DAO in [prop 3](https://hackmd.io/@metaproph3t/rkhWWXjLp). We plan to launch around end of February to early March. 

A few things still need to get done:
- [ ] Complete a launch plan & schedule. (Proph3t doing)
- [ ] Complete the docs at [docs.vota.fi](https://docs.vota.fi/). (Proph3t doing)
- [ ] Finalize the smart contracts. (fzzyyti doing)
- [ ] Get smart contract audited. (r0bre planned)
- [ ] Finalize the launch video. (sushiswapsadboi doing) 

### Futarchy-as-a-Service

Present-day DAO governance is obviously broken, and everyone knows it. I think we could build Futarchy-as-a-Service, helping DAOs onboard to futarchy.

This is not even a formal proposal yet, so a lot needs to be done:
- [ ] Create and a business plan and pass it through the business project process
    - [ ] Create a monetization strategy
    - [ ] Create a GTM strategy
- [ ] Design and implement a Realms-like UI
- [ ] Update the smart contracts to allow for multiple DAOs (Dode has a possibly complete PR [here](https://github.com/metaDAOproject/futarchy/pull/19))
- [ ] Onboard initial customers to the product

### YOUR IDEA HERE

The ideaspace for potential revenue-generating products is huge, and there's a high likelihood that you've thought of something amazing that I haven't. If you want to build your idea as a part of the Meta-DAO instead of solo, we'd love to have you!

## Operations

### MOAR spot liquidity

When you're placing bets in the futarchic market, you're basically speculating on what the Meta-DAO would be worth if the proposal passed or if it failed. It's hard to speculate on this differential though if the spot market is very volatile.

### Securely streamline the proposal process

5 day proposals is just way too long. It introduces friction for proposals, hurting the Meta-DAO's ability to get shit done. I think an optimal process would look like:
- A much shorter proposal period, such as a day
- The DAO's assets in a timelock contract so that a proposal can overturn a previous proposal

This would also solve the 'nothing at risk' problem with manipulation. Like how Ben can spend a lot of money in the pass market because he's guaranteed that the money is only spent if the proposal goes through. And this would ameliorate the 'time risk' problem where you're afraid to trade in the conditional markets given how much the spot could change by the time the proposal is finished.

Concretely, someone needs to: (**donderper is working on this**)
- [ ] Update the [Timelock contract](https://github.com/metaDAOproject/solana-timelock/blob/master/programs/solana_timelock/src/lib.rs) to allow the timelock authority to cancel transactions. (donderper working on)
- [ ] [optional] Update the Timelock contract to allow multiple instructions per transaction. If you do this, you also need to separate transaction creation and enqueueing into two instructions.
- [ ] Verifiably deploy the Timelock contract to both devnet and mainnet. 
- [ ] Raise and pass a proposal to change the proposal period to 1 day.
- [ ] Raise and pass a proposal to move the treasury's assets to the timelock.

Once this is done, I would feel comfortable moving all of the DAO's assets into the treasury instead of across the current multisigs.

### Incentivize futarchic trading & proposal creation

Currently, trading in the futarchic markets, as in all prediction markets, is zero-sum. But correct pricing provides value to the DAO, which it should be willing to pay for.

So the idea here would be incentivize trading with META issuance. I think the only way we can do this is with an AMM: giving META to LP holders. It's unclear whether the AMM needs to be custom-built or if we can use an existing AMM.
